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Search Results 0 to 49 of about 876 (some duplicates have been removed)
is suffer it has been the last four years. >> the economy is suffering under the government intervention. we often times don't think of regulations as being a tax. it is a tax not only on wealth creation but individual freedom and take the credit card act that was regulation and pass , a few years ago and had hoped to help the middle class . it made credit more expensive and difficult to get. when government steps outside to protect individual rights wealth and destruction for the middle class and everybody else. >> it is all packed down. you know what, anything you do to corporate america hits my wallit. dodd-frank hits my wallet. wayne said we don't have a comprehensive energy policy. gas prices affect my wallet. nothing is contained. my costs are not contained in the last four years and that is an indirect tax. >> exactly john layfield always say it about the energy policy. but wayne, here is the thing. higher gasoline prices and especially in california, all of that is affecting the middle class and not getting better. it is getting worse over the last several months. >> that's true . tr
economy. >> 7.8. >> 7.8. >> there's no way that's right. >> there are some people out here who don't like this number. >> the harsh back and forth. >> over today's jobs reports. >> now we've sea got jobbers. >> business pioneer jack welch calls these numbers into question. >> these numbers don't smell right. >> jack welch was a successful businessman. >> this is about asking questions. >> on this subject he has absolutely no idea what he's talking about. congressman west, take it away. >> you can't deny the numbers. >> don't challenge my intelligence. >> there's not a shred of evidence they've ever manipulated this number. >> people have stopped looking for work. >> more and more people have just stopped looking for work. >> that is definitely not the case. >> completely wrong. >> people are not giving up. they're gomg back into the work force. >> i think i get the last word. >> i won't allow that to happen and that is why i'm running for a second term of president of the united states. >>> good evening, i'm ezra klein in for lawrence o'donnell. it's 32 days until the election, though we
for the last two months finding the economy actually added 181,000 jobs up from 141,000 in august. and in august the economy added 142,000 jobs up from the initially lack luster 96,000 initially reported. so there were in total 200,000 new jobs on this jobs report. president obama tried to put today's good news jobs report in context, campaigning in virginia. >> after losing about 800,000 jobs a month when i took office, our businesses have now added 5.2 million new jobs over the past 2 1/2 years. this morning we found out that the unemployment rate has fallen to its lowest level since i took office. more americans entered the work force, more people are getting jobs. it's a reminder that this country has come too far to turn back now. >> mitt romney also campaigning in virginia. not as impressed. >> we don't have to stay in the path we've been on. we can do better. there was a report that just came out this morning on job creation this last month. there were fewer new jobs created this month than last month. and the unemployment rate as you know this year has come down very slowl
is progressing and away the mature economic and economy as we have it pretty sound situation. well, if you compare what is happening in the u.s. in terms of the design of the framework of my economic policy, this is a totally different vision. in the u.s. you have the degree of flexibility. it's ready to intervene and to apply a very flex ability monetary policy, wearing europe the process is very cumbersome. it is a process in which the decision-making is extremely complex and we lack a proper lender for sovereign ends. this is the root of the problem today, that we have to apply fiscal policy, but we don't have a sufficiently policy. i would like certainly a lender of last resort. there is a situation for and stability in the sovereign that markets an example for that, in this chart you see the spread of the government that equally compare with germany and the spread is nearly 650 basis point. as you can all understand, it is impossible to work within a monetary union with such discrepancies between the core countries to finance themselves in european countries in this case, we have to p
economy from the middle out rather than from the top down. look, i know vice president biden. i know he's looking forward to having a spirited exchange about ideas. i simply hope this, i hope what paul ryan does is something fundamentally different than what mitt romney does, and that is i hope he comes with just a modicum of truth and willing to defend their policies rather than to admit somehow they don't exist. >> and, finally, will we see a different game from president obama in the next debate? >> well, again, i think now that barack obama has had the opportunity to meet both mitt romneys, i don't doubt that he'll make some adjustments. i know he's looking forward to the next debate. >> robert gibbs, thanks very much for your time this morning. >> george, thanks for having me. >> let's hear from the romney campaign. ed gillespie joining us this important. ed, thanks for getting up this morning. you heard robert right there, masterful, theatrical, fundamentally dishonest. i guess his basic point now about governor romney on his tax plan is either that he's not telling the truth abou
don't work on this, the whole economy is going to come skidding to a halt. >> and ben, the irony of course the debates focused on the economy and this seems like question he number one. >> i'm floored, charles, i'm glad you brought it up. the sequester is probably as bad an idea as ever come out of congress and the white house. the idea to me in particular, of cutting the defense budget, 5% of the budget, equally, roughly 5% of gdp, very, very roughly, more like 4%. >> right. >> ehe quali with domestic spending is just insanity, it's suicide. if mr. osama bin laden were still alive, he would like us to be doing this. everyone would like us to be disarming unilaterally and it makes no sense at all. >> adam, i've got to say, mitt romney brought up simpson bowles, even though the question was never asked and acknowledging the question something needs to be done. >> he brought up simpson bowles, and either candidate is discussing the fiscal cliff, there isn't much difference between them. a pox on both their houses. >> it's a bipartisan mistake and problem. i don't disagree with what
in infrastructure, if we level the playing field, we will grow the economy. frankly, we have a ball and chain. it is congress. congress is holding us back. we need to change congress in two ways. we people who are more fiscally responsible. when the people who know the basics of how to work together. you will hear these things a lot tonight in my comments. i was the governor who drew top tax fraud. i had to cut $5 billion from the state budget, including my own salary. i'm the only governor in modern times who left the office with a smaller general fund budget and when i started. i know how to be fiscally responsible. my opponent when into the united states senate in 2001 with the biggest surplus in the united states and six years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighti
in the first place. wall street cannot be allowed to be reinstated. it drove our economy off the cliff and people tried to punish our records but they were not the ones that drove off the cliff. yet that is where the budget goes to recoup. it's time for us to have responsible regulation that makes sense. >> thank you very much >> moderator: final question i will be asking. you have three minutes to both answer the question and then make your closing remarks. mr. renacci, you talk a lot about a bipartisan group that you are a member of, 16 members, eight republicans, eight democrats, and devotee sutton you talk about reaching across the offer cash for clunkers. no single party can have all of the good ideas. i wonder what you heard from your colleagues on the other side of the all that makes sense, and what are you doing specifically to bring the governments instead of gridlock to the nation's capital? and i think we split ahead of time, and the first response, final response will go to congresswoman sutton. sutton: thanks very much for the question. i think building those relationships
the economy. people are saying in the business community is that a guy that's unconnected -- this detached could ruin another four years for the country. neil: you reminded me that things could change in politics. a week ago at this time, mitt romney couldn't win. are we to tread carefully here making statements? >> you know, here is the deal. the romney campaign is on an upsurge. fundraisers, super pac razors, everybody on the gop is going to take advantage of that. because we never know what's going to be on the flipside. we don't know what's coming around after the next debate. so everybody is taking advantage of it. yes, your answer is we are on a roll right noo and we are taking advantage of it and we are going to do everything that we can. we don't know. you know come the next flip back and it can be obama. this is a very volatile race and it's tight. >> there is no doubt a couple of weeks ago and it looked like he was losing -- there was no doubt that his contribution -- they were saying that we are going to divert a ton of money to house and senate candidates in that debate proves
to understanding the problems of our economy, presenting a plan for the american people, so i think that paul is going to do -- going to do a great job, but i also think it's very important for people to understand, and i think people realize that joe biden is a gifted or ator. he is very good at rhetoric, and i think is he very relatable so i think it's two different people, and i think it's going to be a great night. >> have you talked to ryan at all about his debate performance, what he needs to do, that whole thing? >> sure. paul is one of my very good friends. i talk to paul all the time about a lot of different things, but i think he is taking it very seriously. sure. i think both parties should be nervous. i mean, it's a big night. it's a big -- it's always going to be a big night. >> do you think it makes a difference? there are a lot of people who say, look, the debates are a side show. it's all about -- do you think that ryan has to keep the momentum going from what was widely seen as a mitt romney win in denver? >> we had a good week last week. there's no doubt about it. we have to
on the economy, how does the consumer feel about the so-called recovery? we bring you new numbers on that at the top of this coming hour. and let's go to nicole. we have news on apple's mini ipad. what's the news and what's the stock doing? >> oh, the speculation is swirling. well, we'll see whether or not apple takes off the-- and goes under the the wraps here. october 23rd, the day we're looking for. this may be the day we learn a lot more about the ipad mini that we have been talking about here on "varney & company," right. stuart: when we learn a lot more, what will it be? the specs on the thing, how big, how small. >> i don't know. invitation only event. it was reported all things d on today. and we've talked about the fact that the ipad is 9.7 inches, the ipad mini based on some of the analysts who went over to asia and saw some of the displays being ordered were speculating it could be 7.8 inches, so 7.8 rather than 9.7. and so, it will be smaller and will be able to compete, obviously, more readily with the kindle fire and the other smaller types of tablets. stuart: i just
, how would you describe the jobs economy and right now? guest: this is the weakest recovery we have had since world war ii. the jobs numbers each month, we have averaged around 145,000 jobs created per month this year. that is barely enough to keep up with the growth of the working age population. and it has been a somewhat brazilian recovery in that there have been a lot of fears that we would go back into recession at various times and that has not happened. the overall economy has grown roughly 2% since the recession ended in june, 2009. that is a fairly weak growth rate, particularly after the death of the recession. by many measures, this is easily the worst since the great depression corporate -- the great depression. the modest and sometimes weak growth we have had has made it very difficult for the unemployed. we have long-term unemployed, those are of work for six months or even a year, that has been a record -- at record levels. ben bernanke has long term crashes -- the prices of long- term unemployment. -- the crisis of long-term unemployment. host: let's begin with a call fr
to try to talk down the economy to score a few political points. it's a reminder that this country has come too far to turn back now. >> eliot: not if you're mitt romney. the g.o.p. contender talked down the jobs numbers and the economy at an abingdon, virginia, rally. >> romney: there were fewer new jobs created this month than last month. the unemployment rate as you noted this year has come down very, very slowly. the reason it's come down this year is primarily due to the fact that more and more people have just stopped looking for work. >> eliot: mitt just can't stand good news on the economy, and neither can his friends on the right, including knocks fuss anchor stuart varney who suspect politics were behind the jobs numbers. >> oh how convenient that the rate dropped below 8% for the in 43 months five weeks before the election. >> eliot: unbelievable jobs numbers, these guys will do anything. can't debate so change numbers. tweeting in regards to today's jobs report, i agree with jack welch, chicago style politics is at work here. more about jack welch and g.e. and accurate numb
of legislation, sitting in congress. and it is much ado about nothing, this election is about the economy, the president has not performed. he is chasing every rabbit down the trail to make this thing about his own record, and the miserable condition of the economy. and that is what we'll talk about. >> but isn't the problem? it comes down to trust, and therefore, we have to trust him, generally. and even his position on abortion in the last 12 months has flip-flopped on abortion. >> it has not, piers. >> it has. >> it has not, piers -- >> let me put the allegations to you, and you can respond. the allegation is that he was saying before i want to repeal roe versus wade, and i want to power to go to the state. and he says now he has no plans regarding abortion. so which is it? >> listen, he is referring to whether or not there is some piles of legislation in congress that he is pursuing in his presidency. he is committed to, and has said it still yet today the fact that we will not be funding abortion with taxpayer's money, whether it be in his own budget or whether it be in foreign aid.
in the united states. the economy. the obama campaign flatly says you're lying. lying about the cost of your tax plan, you're proposed tax reforms. so far you haven't released a lot of specifics about eliminating various loopholes or you've said your tax cuts would be revenue neutral you wouldn't add to the deficit. let's go through how you would do that. specifically home mortgage deductions, charitable mortgage contributions. are you ready to remove those? what's going on? >> well, i've made pretty clear that my prirnls are number one simplify the code. number two, create incentives for small and large businesses to grow. number three, don't reduce the burden on high income taxpayers. and number four, remove the burden somewhat for middle income people. i don't want to raise taxes on any group of americans. those are the principles. at the same time how we carry them out would be lowering the tax rate across the board and making up for that, both with additional growth and with putting a limit on deductions and exemptions, particularly for people at the high end. those are principles which for
's the world economy and the u.s. economy. the imf cited two reasons things could get worse, first if european lead s fail to support their ailing economies and second if leaders here in the united states let us plunge over the fiscal cliff. the imf sister organization, the world bank citing the same two factors, cut its growth forecast for asia this week as well. now, that's for the next couple of years. where are we going to be in 2016, four years from now, when we're discussing the next u.s. election? that depends on which of these two roads america takes on election day. i'll take you down both paths on this show starting with what 2016 will look like under a president mitt romney. start with jobs. he says 12 million jobs will be created in the next four years. as i keep telling you, that claim it ridiculous, considering the sluggish growth we're seeing right now and the new downward revision. but for the purposes of this exercise, i'll take him at his word and presume an historic surge in jobs lies ahead. let's talk about taxes next. i'm going to let governor romney explain this for himse
reported having jobs. senator ayotte, isn't the economy getting better? well, i think, what is disappointing about the report is the down tick we saw in unemployment is because of part-time work, for economic reasons, so people who want full-time jobs, taking lower pay, you can't support a family on part-time work. and of course we still have the sad fact that we have the lowest labor participatings rate since 1981, and if the number of people who were working or participating in the workforce were the same as when the president came into office the unemployment rate would really be 11%, so, i don't think there is any cause to celebrate, here and i think if you told the american people four years ago, that the unemployment rate is going to be 7.8%, at this point, during the president's term, i don't think anyone should be satisfied or happy with that. >> chris: governor, are you satisfied for happy. >> i don't think any of us should be happy, we want to return to full employment. and, what we have seen now is 31 months in a row, consecutive months in a row of private sector
and the greatest peacetime expansion of our economy in the nation's history. by contrast, the decade checked by bush tax rates squandered our budget surpluses, produced net- jobs and culminated in the great recession. the lesson here is that the contrary -- is that contrary to supply-side economics, the level of the top rate does not by itself dictate what happens to gdp. a balanced budget aided by increased revenues just might restore confidence to investors and jump-start our economy. for the third and final element of this tax reform model, we turn to investment income. it is time to reduce the sizable differential and the tax treatment of earned and unearned income. the reduction in the capital gains rate to 15% under president bush was a major contributor to the growth and wealth disparities we see today. the top 1% on average received 20% of incoming capital gains, 10 times as much as the rest of the country. capital gains makes up 60% of the income recorded by the forbes 400. the extremely low 50% rate in effect today is an allied air. it is the lowest rate on investment income since
. vegas casino developer, steve wynn taking a stab at the president over jobs and the economy. listen to the knockout punch. >> i have created about 250,000 direct special indirect jobs, according to the state of nevada's measurement. that's exactly -- if the number's 250,000, that's exactly 250,000 more than this president, who i will be damned if i want to have him lecture me about small business and jobs. guys like me are job createsors and woe don't like a bull's-eye on our back. the president's trying to put himself gone me and my employees by class warfare, depriicating and calling a group that makes money, billionaires and millionaire who is don't pay their share. i gave 120% of my salary and bonus last year to charities, as i do most years. i can't stand the ideas of being demagogued, put down by a president who has never created any jobs and doesn't understand how the economy works. >> greta: does steve wynn have a point? overstock.com patrick burn is here. good evening. >> gret agrat to be on,. >> greta: overstock.com has over 100,000 employees. you are a large employers. i
. >> they are trying to suck the life blood out of the economy. >> vampires? really, mr. romney? this sucking up to the right wing went too far. nice try, moderate mitt. but we got the tape and we got you. water will work for a few seconds but if you're not drinking it, it's going to get dry again. i recommend biotene. all the biotene products like the oral rinse...the sprays have enzymes in them. the whole formulation just works very well. it leaves the mouth feeling fresh. if i'm happy with the results and my patients are happy with the results, i don't need to look any farther. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin used to control high blood sugar in adults and children with diabe
to trust us. so while hot spots are growing abroad, the economy is not growing here at home. that is the problem we have to focus on here. you see, the economy is growing slower than it grew last year. last year it grew slower than the year before. all president obama has offered as more of the same. we have a very big choice to make. that choice is clear. do we want more stagnation that fosters dependency or do we want a dynamic, growing economy that creates opportunity and creates jobs? [cheers and applause] in a nutshell, we need leadership. [cheers] look at the guy over my shoulder right here. if you look at this man's life story, one word comes to mind. leader. this is a man who turned around the olympics, who turned around struggling businesses, and by the way, being successful in business, that is a good thing. there is nothing wrong with that. we want more people to be successful. we want more people to have prosperity, to have jobs, to have higher take-home pay. we want people to grow. in a jobs crisis, wouldn't it be nice to have a job-creator in the white house? t
the latest look into the u.s. economy, and the latest fuel for the fight over economic policy in the presidential campaign. it was the kind of news that president obama hoped for, just over a month before the election and two days after a sub-par debate outing. >> more americans entered the work force, more people are getting jobs. >> brown: indeed, september's unemployment rate, calculated by a survey of households, fell to 7.8%. that's the lowest since the president took office. a second survey, of businesses, showed that employers added a net of 114,000 jobs, and job gains for july and august were revised upward by 86,000 the president touted the numbers in a campaign stop at george mason university in fairfax, virginia. >> now, every month reminds us that we've still got too many of our friends and neighbors who are looking for work. there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try to talk down the economy to score a few political points.
got on the stage, i met this very spirited fellow who claimed to be mitt romney. >>> the economy is again the central focus as jobs numbers drop the unemployment rate below 8%. >> we made too much progress to return to the policies that led to the crisis in the first place. >> a sign of recovery just as voters head to the polls? we cover it all this morning, the policy fights emerging from the debate and the politics. what does the debate reveal about these two men. plus, a preview of the vice presidential debate this coming week. this morning, a special panel, joining us, obama campaign senior adviser, robert gibbs, former republican presidential candidate, newt gingrich. democratic strategist, hilary rosen. republican strategist, mike murphy, and nbc's chief white house correspond correspondent and political director, chuck todd. >>> and finally, what you haven't heard from arnold schwarzenegger this week, a revealing conversation with the former california governor. he talks politics and his personal failings. >> what would you like your sons to learn from your mistakes. >> i
? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that provides opportunity and jobs. mitt romney and i will not duck the tough issues. we will not blame others for the next four years. we will take responsibility. we will not try to replace our founding principles. we will reapply our founding principles. the choice is clear. the choice rests with you. we ask you for your vote. thank you. >> thank you both again. thank you very much. this concludes the vice- presidential debate. please tune in next tuesday for the second presidential debate in new york. i do hope all of you go to the polls. have a good evening. [applause] [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] [applause] , livem tonight's debate reaction for the next hour. it is just past 1:00 eastern time in the morning. we are taking your tweets. you can join us on facebook. we will get to your calls in a couple of minutes. [applause] >> as the vice president the parts, along with paul ryan and their
to higher receipts and lower outlays resulting in part from a stronger economy. also, a statement from treasury secretary tim geithner accompanying the release of these budget details. quote, the president has put forward a balanced proposal to further strengthen the economy and reduce the country's future deficits. it's time for congress to act on those necessary steps to it help sustain economic growth for years to come. of course, to add the fuel to the budget and deficit debate, fiscal cliff, and obviously ahead of next week's all-important debate between president obama and mitt romney. back to you guys. >> it's going to be fodder for our next conversation, i'm thinking. >> absolutely. right now it's not yet moving the markets if it's going to do that at all. >> michael, we were talking earlier that there are signals you see in this market which suggest a correction is coming. tell us what they are. is it the pattern we've seen this week? are some of the fundamentals behind it? in other words, that fight coming over the fiscal cliff related to the news that hampton was just give u
think he'll match up to vice president biden when it comes to the economy first, foreign policy second? >> i think it will be an even match. biden was in the senate 36 years so he has a very good understanding of federal issues as well. but paul ryan jokes about how he's been reading federal budgets since he was 22 years old. so they both have a very long backlog of data they can use. i think they'll be evenly match. >> what's your word of caution for each with 30 days to go? >> don't get overconfident for both sides. >> that's good. all right. erin, always great to talk to you. heating up, getting really close. we'll talk to you again. >> sounds good. >> you don't want to miss the first vice presidential debate. i'll be sitting in front of the tv. joe biden squaring off against paul ryan and this this is the e to tune in live. that happens on october 11, 9:00 p.m. tune in a few minutes more. lots of commentary too right here on the "fox news channel." >> speaking of foreign affairs, tensions are rising with new reports of more shells fired from syria into turkey. now for a fifth strai
. the economy is one of the strongest in europe. still, the french, too, feel weighed down under the debt. structure or reform is the way to strengthen europe's union, but world economic leaders are strongly urging the implementation. can europe move into action? >> we are two very positive moves during last month. first with the ecb, second with growth. third with tax on financial transactions, which is going to happen between france, spain, italy, and other countries in europe. we are i believe truly taking into account political necessity to confront this crisis. of course it's too slow. we need to implement reforms. we're working on it. >> reporter: moscovici says the french, all europeans, in fact, should follow through with measures to reduce their debts. he said spending cuts are prerequisites for growth in the long run. >> this is why structural reforms are so necessary. and this is why if we need to deal seriously with that, i don't believe austerity is something good for the people. you cannot have growth in the midterm or long term if you've got austerity forever. we need to ge
of bad stuff. just this week the libya situation put the president on the defensive. the economy speaks for itself. so the only place the voters can really see the obama-biden ticket under pressure is in the debates. on the other side we're hoping governor romney will sit for an interview with us. we're negotiating that right now. we'll have an update for you on monday. generally speaking, mr. romney has been more accessible than president obama, but it is true the romney campaign is playing it very safe. at the debate tonight, vice president biden is the experienced hand. he's 27 years older than paul ryan and biden knows how to attack. the congressman is an unknown quantity when it comes to dealing with this kind of pressure. but talking points expects mr. ryan to be armed with panels that might slow down mr. biden who will most likely go after ryan hard. be interesting to see hot congressman handles that. that's a memo. top of the story, four years ago it was sarah palin debating joe biden. >> all you got to do is go down union street and go to katy's restaurant or walk into home dep
Search Results 0 to 49 of about 876 (some duplicates have been removed)